News
JD.com launches $5.25-per-share takeover bid for Germany's Ceconomy
57.1% of shares have already been committed.
Oh!Some opens first store in Thailand
More locations are expected to open in the country later this year.
Hong Kong retail sales up 0.7% in June
Online retail sales accounted for 8.5% of the total.
Australian retail sales up 4.9% in June
It was driven by strong EOFY sales.
Rakuten launches AI agent across mobile, web platforms
It offers tools such as AI chat, voice input, image search, and translation.
Indian consumers lead APAC in discretionary spending
Spending is strong in dining, jewelry, electronics, and travel.
Virtual try-on market to hit $27.7b by 2031
It was driven by AR and AI demand.
Japan's ABC-MART to launch first Philippine store in September
A second store is also planned to open in November 2025.
Two Gordon Ramsay restaurants now open in Cebu
The restaurants opened its doors on 26 July.
Starbucks China launches new tech initiative to cut emissions, boost sustainability
It will now have digital oversight of emissions across its value chain.
India’s travel retail market set to hit $1.8b by 2030
It is on track to become the world’s third-largest air travel market by 2030.
Australia sees sharpest rise in consumer optimism across APAC
Net optimism in Australia rose by three percentage points.
Taiwan retail sales decline 2.9% in June
It was largely driven by a sharp 17.3% drop in motor vehicle and motorcycle sales.
Cocoa and chocolate market to hit $28.24b by 2030
Growth is fuelled by a surge in premium and functional products.
Japanese consumers shift shopping habits amidst soaring inflation
51% of consumers are now engaging in new shopping behaviors.
Adidas to gain on Nike in 2025 as market shifts: report
New Balance and Skechers are also expected to gain.
Commentary
The festive season is a revenue moment – don't let friction or fraud derail it
All that glitters: Is luxury losing its shine, or finding a new one in Asia?